Post
Topic
Board Gambling discussion
Re: How to be invested in Crypto while staying away from gambling?
by
GDragon
on 14/05/2020, 13:50:02 UTC

I'm a big believer in the crypto space but it's difficult for me to hold coins without gambling. The thing is, I have no issue controlling myself when I don't hold crypto. I could go to a casino or wherever and not have any urge to bet with fiat. Idk what it is about cryptocurrency. I just get so into certain coins that I want to make more so that I can get a bigger stack to hodl...but then by trying to get more the quick way, I lose it all.


Anyone feel similar?

How do you combat the urge to gamble with your cryptocurrency?

I feel it too sometimes but I can still control myself. It always felt different with crypto because you know the price of it may be bigger in the next month or years. You feel the greediness to get more to have more in the future. You invest in crypto but will always be tempted to try those coins in gambling instead of holding it for a very long time, you think that you should try your luck using it instead of letting it sit in your wallet, maybe it will double.

If you always lose an investment because of that, I think you should always think of your priority in investing. Try asking for help too. That trait is a symptom of gambling addiction. You may say that it is in crypto only but you should remember that crypto is a currency just like a fiat currency.